Webinar | Does Compliance Program Need To Be Different Within The Corporates vs Financial Institutions?
Banks and financial institutions are under increasingly tight scrutiny on compliance and risk management. As the risk of money laundering continues to rise, compliance programs focusing on Anti-Money Laundering and Know Your Customer have been implemented in banks and financial institutions.
Non-financial service corporations, on the other hand, are facing different risks such as corruption, bribery, fraud, human rights violations and labour abuses in supply chain opertaions, in additional to money laundering. Does compliance program within corporates need to be different from that of financial institutions? What are the common themes of compliance and risk management across sectors and industries?
Listen to this webinar to explore:
- The differentiators between financial institutions and corporates in compliance and risk management
- The major risks and compliance challenges facing non-financial service organisations
- Why is third-party risk management important to corporates and how does it look like?
Business Experience and Accomplishments
Emma has over 30 years experience of working for commodities based industries, primarily in the energy/oil sector and then latterly in the agri sector. Emma’s career splits into 2 halves, the first half being involved in commercial contract negotiations, trading and mergers and acquisitions. Following this, Emma moved into Compliance and took up the roles of Compliance Officer and MLRO for 3 UK based ConocoPhillips companies, subsequently moving to the USA as the Global Head of Commercial Compliance with the challenge of implementing Dodd-Frank in the US business. On returning to the UK Emma moved the role of EU head of Compliance for Olam International, preparing and implementing the compliance program in readiness for EMIR and MIFID II. Emma is married with 5 children and in her spare time enjoys watching and performing in plays and musicals.
Education & Memberships
• Member of the ICE EU Exchange Authorisation Rules and Conduct Committee (ARC) since June 2018.
• Chair of the Futures Industry Association (FIA) EU Agri Committee until 2019.
• Chair of the Commodity Derivatives Working Group (CDWG) in 2006/2008 - an ISDA, FOA, EFET sponsored group, responsible for lobbying on EU regulation impacting commodities trading legislation.
• Member of the International Compliance Association.
• Edinburgh University - BSc Chemical Engineering
• Napier University - Postgraduate Diploma in Industrial Administration
• Futures and Options Association “Compliance in Derivatives” Course - Awarded Rod Nimmons prize.
He joined ADIT in 2002 and from 2007 to 2016, he heads its Due Diligence department while developing various Business Ethics products and services.
Michel is a lecturer in several French universities and professional courses, he attended the International Anti-Corruption Academy (IAAC) in Vienna and also actively participates in international seminars on Compliance.
Leas joined Complinet Group in 2004, a leading provider of compliance solutions for the financial services industry. He went on to found their operations in both the Middle East and Asia. Within 4 years of inception these operations contributed to over 15% of the group’s revenue.
Complinet was acquired by Thomson Reuters in 2010 to form the cornerstone of their Governance, Risk and Compliance business. Following the acquisition Leas served as Managing Director of Thomson Reuters’ GRC division in Asia Pacific where the business saw double digit growth year-on-year during his five-year tenure. During this period Leas spear headed the acquisition of a major e-learning provider and was key to the successful integration of the GRC businesses with the broader Financial and Risk division.